First National Bank - Leadville, CO

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 2420
Charter Number: 2420
Start Date: April 1, 1882*
Location: Leadville, Colorado (39.251, -106.293)

Metadata

Model: gpt-5-mini
Short Digest: 3da239ad

Response Measures

None

Receivership Details

Depositor recovery rate: 57.2%
Date receivership started: 1884-01-24
Date receivership terminated: 1893-12-05
OCC cause of failure: Fraud
Share of assets assessed as good: 31.3%
Share of assets assessed as doubtful: 24.3%
Share of assets assessed as worthless: 44.3%

Description

Article (The Cheyenne Daily Leader, 1882-04-13) reports a heavy run recently on the First National Bank of Leadville; no suspension, reopening or failure mentioned. The cause is described as unknown, so classified as 'other'. Date of run is reported as recent to the April 13, 1882 publication; exact day not given.

Events (3)

1. March 19, 1879 Chartered

Source: historical_nic

2. April 1, 1882* Run

Cause Details: Article states cause remains a mystery; no specific rumor, bank-specific failure, or external shock identified.
Newspaper Excerpt: The First national bank of Leadville had a heavy run recently, the cause of which remains a mystery.
Source: newspapers

3. January 24, 1884 Receivership

Source: historical_nic

Newspaper Articles (1)

1. April 13, 1882 The Cheyenne Daily Leader Cheyenne, WY

Article from The Cheyenne Daily Leader, April 13, 1882

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Article Text

MINOR MENTION. The storm extended in every direction. Carroll gets in a friendly lift for Oscar. Our stock men are beginning to pick up their ears. Fort Collins is advertising for the building of water works. There will be a lively senatorial campaign in the Colorado legislature next January. The Boston excursionists arrived in Denver yesterday. They are rushing the season. Tom Davis says that the rumor is premature as to the building of the machine shops. Beck, of the Sun, did not go to see Oscar Wilde yesterday as he passed through on No. 4. The First national bank of Leadville had a heavy run recently, the cause of which remains a mystery. The Cheyenne cemetery is visited every Sunday by many of the friends of those who are buried there. Many parties are beginuing to talk up a slate for the next political campaign in this county. "Good enough." The C. B. & Q. has let contracts for the building of a big depot in Denver, to cost $100,000. It will be 315x50 feet in size. Mr. Wetzel, the late secretary of the Colorado stock growers' association. says that the recent storm was worth $100,000 to that state. A little over eight years ago there were but eight brick blocks in Chey enne. Now the greater part of the with brick. was one in business There portion is senatorial built up vacancy Colorado; there were thirteen candicould but one. is disdates. The The consequence governor twelve appoint appointed applicants. Longhurst, express agent, is repairing the express office, taking out and otherwise imwhich was too partitions, proving the enlarging old office, small for the business. John Shingle and Joe McGonigle have purchased John Owen's saloon and billiard room in Masonic block and will hereafter conduct the same under the name of Shingle & McGonigle. Old Prob generally comes in at the to save us. The snow is what is needed nick covering of time of just present for grass on the ranges. The stockmen could not have ordered things bet. ter. To the credit of Cheyenne be it said that Oscar Wilde did not lecture here. Oacar is a harmless individual and to as he The him doesn't entitled is that what do pleases pleases. please point 18 our people. Some people are very solicitous to know why the Union Pacific railroad not fenced their the company said the law both sides have all way along track as it is provides. Will and what please rise that it would be explain somebody benefit to those who are compelled from day to day to cross the track with their teams, cattle, sheep, etc. When the people far and near get through roaming from one point to an other seeking the precious metal-and in their near home get disappointed will begin to look search, where, they the time when it will be far we that venture distant to predict, discovered is not between the foothills and the Magic City some of the richest mines of the Rocky Mountains exist. The manner in which the Southern regulates a conversation said lustrated Pacitic railroad by freights to have is ila Los an the road. The charge for occurred between inquired and agent the of Angeles farmer farmer from Los are the sellload Tueson: of potatoes 'What carrying a car- potatoes Angeles to the agent asked. in ing for here?" cents per hundred are they selling for pounds.' Tucson?" "Fifty 'What "Two charge for dollars and a half." agent, potatoes "the there will "Then," carrying said your the be $2.00 a hundred." system is in The telephone benefit, some our respects a great but from obadvantages of on account thereof are people have abused. servation cation Some the nothing communi- sadly in to say except to some party-a business man other the world annoy who cannot afford to spend the time-when wanted or needed say, for the they nothing sometime is purpose except of as the old works. ought to be once. seeing foolishness how thing discarded Such at was begun in Shearburn against Captain The hearing yesterday, the case appearing for the C. Baird for the placed J. W. cution, and J. The C. N. Potter prosecution defense. Collins, prosePost & the rested on his The stand, cashier defense and of Stebbins, Co., testimony. on then moved to dismiss the ase on the ground that the prosecution